Despite a 0.07 week-over-week increase in forbearance requests, the Mortgage Bankers Association said homeowners’ financial situations are turning around. Source: Inman News
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Some 4.2 million Americans are now using forbearance programs. However, the rate at which loans are going into forbearance is slowing, suggesting conditions are stabilizing. …
As of May 10, 8.16 percent of all mortgages were in forbearance, up from 7.91 percent on May 3 — the smallest increase since March,…
The number of mortgage loans in forbearance increased from 7.54 percent of servicers’ portfolio volume. Ginnie Mae held the largest share of loans in forbearance. …